1148 Old Turnpike Rd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by LAER Realty Partners | $525,000 | |
| Listed by LAER Realty Partners | |||
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Oakham is a small village of only about 2,000 residents in Central Massachusetts where you find this unusual property! Antique home, modern addition, 30x50' Garage! Horse/pony barn, fields, fruit trees, garden areas, large riding arena, and even trails through the woods are featured. The home is Thanksgiving Family Friendly, with 5 bedrooms, 3 full baths, and an extra bunk room. Five fireplaces and other historic details lend pleasing, warm ambiance. Incredible storage spaces. Outdoors people will love that almost 1/3 of the land in Town is MDC land, with Central MA Rail Trail, and Rutland State Land....all for enjoying nature, hiking, walking, and equestrian use! ALSO there is an 18 hole golf course, restaurant and pub just one mile down the road!!
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| Dec 12, 1995 | Sold | ||
| Sold | |||
| Apr 27, 1995 | Listed by LAER Realty Partners | $235,000 | |
| Listed by LAER Realty Partners | |||
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Address: 335 Madison Avenue, New York, NY 10017